2.0
22 Feb 2013
Current employee, more than 3 years
Toronto, ON
Recommend
CEO approval
Business outlook
Pros
Worked in the IT department. Well branded Canadian Bank Brand. Base Salary was 65K/Year, ( This varies for person to person) Good Yearly Bonus. Some departments are lucky to get Managers that deliver on either side ( Up & Down)
Cons
Managers do not understand and pass on unnecessary work pressure to the bottom & decrease productivity. Nobody looks at the personal preferences of low-level managers for promotions. Performance reviews are a sham. You are forced to spend too much time (10 pages) of performance report every year and the bonus & increments are decided by the junior manager well in advance!